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  1. K

    Indian Economy: News and Discussion

    Plastics and mechanical parts are down .
  2. K

    Indian Economy: News and Discussion

    With the rise of automation normal consumer goods require minimal direct employment . Go through this thread itself .. 1000 cr investment out of which direct employment 400. It's almost 2cr investment for 1 job created . Govmint counts on 600+ nibbers to provide services for the 400 directly...
  3. K

    Indian Economy: News and Discussion

    Yeah .. this is the root of the issue .. Landless rural workers . The only solution are industrial jobs .. This is what the glorious service economy of R Rajan looks like .
  4. K

    Indian Economy: News and Discussion

    True .. the 4 Lakh guy I mentioned has 10 Acres of land in his village but he prefers doing this than going home and doing farming ..
  5. K

    Indian Economy: News and Discussion

    Street sweeping is 3-4 hours of work . The street sweeper in near my apartment also sweeps the common area of our building gets paid 10k for that work . For her street sweeping + apartment work is from 7 AM till 12 PM . You can always get cheaper bihari or nepali labour but they tend to ditch...
  6. K

    Indian Economy: News and Discussion

    Ive yet to meet a housekeeper that made less than 2 LPA . Heck one dude made 4 by doing extra stuff like washing cars .
  7. K

    Indian Economy: News and Discussion

    Most people that scrub floor and wash utensils work in multiple houses and they earn in the range of 2.5 - 3 lakhs a year . And 24 lakhs a year per family is very comfortable leave alone acceptable. Unless you are making some other point.
  8. K

    Indian Economy: News and Discussion

    I'm not sure .This fiscal is till Feb right ? The drip started in Jan this year . Got it from here https://indianexpress.com/article/business/commodities/red-sea-crisis-indias-petroleum-exports-to-europe-nosedive-to-18-month-low-in-january-9161353/
  9. K

    Indian Economy: News and Discussion

    Exports of petroleum products has also collapsed due to red sea shenanigans.
  10. K

    Indian Economy: News and Discussion

    Mumbai - Hyderabad is the extension of Mumbai - Nagpur right ? Or am I missing something ?
  11. K

    Indian Economy: News and Discussion

    The biggest import mudi jee is concerned about is petrol .. and electrification of transport is mostly in 2 and 3 wheelers . Cars need a big boost.
  12. K

    Indian Economy: News and Discussion

    One of the largest causes of haze are coal plants .. many old ones are close to large population centers . The westerners have switched to natural gas and that burns absolutely cleanly .. The other reason are the prevalence of older diesel vehicles as well .. these are the common denominator...
  13. K

    Indian Economy: News and Discussion

    I dunno why folks are so defensive about some of the the point our NRI bros are raising .. Yes some of their points may come across as elitist . But the point on garbage handling absolutely stands . It really should be unacceptable to have random piles of garbage in any place. And no this is not...
  14. K

    Indian Economy: News and Discussion

    All these are there in tier 1 cities .. You won't see it cause the number is small corresponding to the size of the market.
  15. K

    Indian Economy: News and Discussion

    Philpinos are used to speaking with an american accent so it was easy for companies to recruit call centre workers without thick local accents like one does in India.
  16. K

    Indian Economy: News and Discussion

    The decline will happen but not even close to the levels of the manufacturing industry. To cause a general collapse a la manufacturing ai would need to be close to general intelligence . At that level there will be no white collar job remaining and most service jobs remaining viable.
  17. K

    Indian Economy: News and Discussion

    It's always been that way . Every sass or similar product reduces the need for devs . AWS for example has reduced the need for so many dev ops engineers. This is fine ... If all software products had to be written bespoke the economy as a whole would be seriously effected and half the devs...
  18. K

    Indian Economy: News and Discussion

    Yeah and this effects software engineers how exactly ? From the plugin that chat gpt will release after this other branches will be made for more specific styles of filmmaking ... And those that will make these branches will be software engineers .. it's the entertainment industry folks that...
  19. K

    Indian Economy: News and Discussion

    >Shows work of film makers and CGI artists done by AI >Software engineers most effected
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